The Residence by Prestige One is a near-completion apartment project in Jumeirah Village Circle offering studios to two-bedroom units with lifestyle-focused amenities.
The project is located in Jumeirah Village Circle, District 12, Dubai. The surrounding area functions as a residential area and shows active buyer and rental demand. It is better suited to medium to long-term residential demand than short-term speculation.
The Residence by Prestige One exterior

The Residence by Prestige One

Best for EndUser

Prestige One Developments • Jumeirah Village Circle, District 12, Dubai • Handover December 2024

AED 665.0K starting

Handover
December 2024
Developer
Prestige One Developments
AI snapshot
Starting Price From AED 665K

Key signal

Payment Plan 10/55/35

Key signal

Handover Dec 2024

Key signal

Buyer Intelligence This classification is calculated using ROI signals, risk index, unit mix, area maturity, and live inventory absorption data. No agent bias is used.
AI Classified
Why this suits End Users

This project is classified as End-User focused because it scores higher on:

• Long-term livability over short-term rental yield
• Low overall risk and delivery reliability
• Family-friendly unit mix and layouts
• Mature community infrastructure
• Stable ownership value rather than fast resale

Investors may still consider this project, but returns are secondary to lifestyle and safety.

This project prioritizes lifestyle quality, safety, and long-term living rather than short-term rental yield.

Also suitable for Investor
Confidence 35%
Returns secondary to lifestyle value
Stable and secure ownership profile
Reliable delivery and build quality
Starting price AED 665.0K
To reserve (10%) AED 66,500
Payment plan 10/55/35
Handover December 2024
Median paid / sqft AED 3,124
Location Jumeirah Village Circle, District 12, Dubai

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The Residence by Prestige One Payment Plan

At the AED 665.0K entry price, here is what each milestone costs in dirhams. Larger units scale proportionally.

10% Down payment at launch AED 66,500
55% During construction AED 365,750
35% On handover AED 232,750
4% Dubai Land Department transfer fee, payable on purchase AED 26,600

Excludes Oqood registration, trustee and service charges. Confirm every figure against your sale agreement before transferring anything.

When does The Residence by Prestige One hand over?

December 2024. Where the marketed date and the date in your sale agreement differ, the contract governs — get it in writing before you pay.

What Actually Sold at The Residence by Prestige One

What buyers actually paid, from Dubai Land Department records. Combines 3 registered phases of this development. Data as of 8 Aug 2026.

Recorded sales 43
Median price paid AED 3,441,856 +418% vs the AED 665,000 advertised entry price — the advertised figure is the smallest unit, so most buyers pay well above it
Median price per sqft AED 3,124
Most-bought size 1 B/R 20 of 30 sales where the size was recorded

Buying pace through the year

12 Jan
6 Feb
6 Mar
3 Apr
4 May
6 Jun
4 Jul
2 Aug

What buyers bought

Unit sizeSalesShare
1 B/R 20 67%
2 B/R 7 23%
Studio 2 7%
3 B/R 1 3%

Source: Dubai Land Department, 2026. Medians move as more sales register, and do not separate developer sales from resales.

Before You Pay: Check The Residence by Prestige One Against the DLD Register

Marketing material is written by the seller. The Dubai Land Department register is not. These are the facts filed with the government for this project — escrow status, unit count, construction progress and the completion date on record. Free, no email needed.

Property Overview

Type Apartment
Purpose For sale
Completion Off-plan
Developer Prestige One Developments
Ownership Freehold
Handover date December 2024
Usage Residential

Unit Types

Studio Apartment
Size: 472 sqft
1 Bed Apartment
Size: 779–862 sqft
2 Bed Apartment
Size: 1191–1822 sqft

The Residence by Prestige One Floor Plans & Layouts

The Residence by Prestige One has not published downloadable floor plans that we can verify, so we are not hosting any. Layouts are usually released to buyers with the reservation form — ask the developer for the plan of the specific unit and floor before you commit, not a generic type plan.

Which layouts buyers actually chose

From 30 recorded Dubai Land Department sales at this development where the unit size was captured. Useful if you are weighing resale demand: the layout most people bought is the layout you will compete against.

1 B/R 67%
2 B/R 23%
Studio 7%
3 B/R 3%

Location & Connectivity

Metro Planned / nearby stations
Roads Al Khail Road, Hessa Street, Sheikh Mohammed Bin Zayed Road
Nearby Circle Mall JVC - 5 min • Dubai Hills Mall - 15 min • Downtown Dubai - 25 min
6/10 Medium

Future Infrastructure Confidence

JVC benefits from established road connectivity and completed retail infrastructure, with no confirmed metro additions.

Nearby Transport

Bus and Marine

JVC, Prime Business Centre Bus Stop Approx. 6–8 min walk
JVC, Al Barsha South Bus Stop Approx. 8–10 min walk
Roads: Al Khail Road, Hessa Street, Sheikh Mohammed Bin Zayed Road

Amenities & Facilities

Outdoor cinema Sunken seating areas Floor fountains Swimming pool Cabanas and sunbeds EV charging stations Parks and landscaped gardens Gymnasium Outdoor kids play area Barbecue areas

Developer & Market Signals

Real intelligence signals
Area demand profile
Stable demand with balanced liquidity
Derived from area liquidity, buyer mix, and historical absorption
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Project profile: Mixed
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How This Project Ranks

Ranked using demand, liquidity, and absorption signals

End-User Demand
High
Strong demand for golf-facing residences in Dubai Hills Estate
Lifestyle Appeal
Strong
High end-user interest in Emaar lifestyle communities
Absorption Rate
Stable
Consistent absorption in the mid-luxury apartment segment
Market Advantage
Golf course adjacency within a mature master community, supported by Dubai Hills Estate resale liquidity

AI Analysis Summary

Data-driven signals based on market behaviour, not forecasts

How we evaluate this project
  • 12–24 month resale transaction liquidity
  • Rental absorption and tenant demand
  • Price support vs nearby comparable projects
  • Developer delivery and handover consistency
  • Buyer mix: end-user vs investor ratio
Signals are weighted and cross-checked. No forecasts. No price guarantees.

Based on these signals, this project shows the following strengths:

Resale Liquidity
High
Easy resale due to active buyer demand in this area
Rental Exit Strength
Strong
Healthy rental demand supports flexible exit strategies
Price Floor Confidence
High
Strong historical support reduces downside risk
AI Fair Value Band
Aligned
Current pricing matches comparable area benchmarks

How We Analyse This Project

Project and area scores are calculated using developer delivery history, area demand signals, risk baselines, buyer intent matching, and market consistency indicators. Rankings are data-driven and not influenced by promotions or paid placements.

Market insights reflect patterns, not guarantees. Buyers should independently verify pricing, availability, and payment plans before committing.

📍

Area Intelligence

The Residence by Prestige One appears in searches related to ready apartments in JVC, near-handover projects, and mid-budget residential options in Dubai.
🎯

Buyer Fit

The Residence by Prestige One suits first-time buyers and end users seeking near-ready homes in JVC.
💼

Investor Angle

Investor appeal is moderate, with stronger focus on end-user absorption due to high area competition.
🏠

End-User View

For end users, the project offers quicker move-in timelines and community-style amenities.
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AI Overview

The project adds near-completion residential inventory to JVC’s established apartment market.

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No related projects yet.

FAQs

Is The Residence by Prestige One suitable for first-time buyers?

Yes, its near-completion status and entry pricing make it suitable for first-time buyers in JVC.

What is the payment plan for The Residence by Prestige One?

The structure is 10% down payment at launch; 55% during construction; 35% on handover.

How soon can buyers expect handover?

The project is scheduled for completion in December 2024.

How does this project compare to other JVC developments?

It stands out for its advanced construction stage and amenity offering rather than long-term upside.

Does the project have metro connectivity?

No, JVC relies on road access and nearby RTA bus services.

When is the handover date for The Residence by Prestige One?

The Residence by Prestige One is scheduled for handover in December 2024. Get the contractual completion date written into your sale agreement; where marketing and contract differ, the contract governs.

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AI-assisted due diligence 82/100 trust shield 83/100 safety rating
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Project Risk & Trust Breakdown

A transparent view of financial safety and execution reliability.

Trust Shield
Risk Index (lower is better)
11/100
Build Quality
Safety Rating

Risk Shield For Your Money

Based on risk index 11/100
  • Strong escrow protection and stable developer track record.
  • Good safety index based on area and financial risk signals.
Assessment acknowledged.
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Track The Residence by Prestige One

Get an email if the price changes, the payment plan is revised, units sell out, or the handover date moves. We monitor the DLD registry and broker channels daily.

No spam. Only material changes to this project.

Data & accuracy: Figures on this page are compiled from Dubai Land Department open data, developer materials and market sources, and can change without notice. Prices, payment plans, handover dates and availability must be verified directly with the developer or a RERA-licensed broker before you commit to anything. Nothing here is financial advice or an offer to sell. Spotted something wrong? Tell us and we'll correct it. Last updated 08 Aug 2026.

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